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Twin Vee Powercats Co. (VEEE)

NASDAQ: VEEE · Real-Time Price · USD

2.74

-0.07 (-2.49%)

At close: May 14, 2025, 3:59 PM

2.71

-1.22%

Pre-market: May 15, 2025, 07:51 AM EDT

Twin Vee Powercats Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	14.39M	33.43M	31.99M	15.77M	11.06M	10.43M
Cost of Revenue	15.14M	23.7M	21.33M	9.5M	6.29M	6.35M
Gross Profit	-751.42K	9.72M	10.66M	6.28M	4.77M	4.08M
Operating Income	-14.55M	-11.99M	-5.67M	-1.02M	720.83K	-161.23K
Interest Income	150.55K	48.37K	75.4K	136.71K	178.58K	165.47K
Pretax Income	-14.01M	-9.78M	-5.79M	-1.01M	1.17M	-326.69K
Net Income	-11.05M	-7.19M	-5.92M	-1.15M	1.17M	-492.16K
Selling & General & Admin	9.67M	18.91M	15.18M	7.5M	3.9M	4.12M
Research & Development	586.38K	1.44M	941.53K	211.11K	n/a	n/a
Other Expenses	3.54M	1.35M	197.76K	-409.7K	155.73K	115.06K
Operating Expenses	13.8M	21.71M	16.32M	7.3M	4.05M	4.24M
Interest Expense	222.59K	221.16K	164.16K	136.71K	178.58K	165.47K
Selling & Marketing Expenses	n/a	n/a	1.79M	43.47K	28.74K	19.57K
Cost & Expenses	28.94M	45.41M	37.65M	16.8M	10.34M	10.59M
Income Tax Expense	-11.05M	n/a	127.69K	137.25K	178.58K	165.47K
Shares Outstanding (Basic)	1M	9.52M	7.62M	7M	7.45M	7.45M
Shares Outstanding (Diluted)	1M	9.52M	7.62M	7M	7.45M	7.45M
EPS (Basic)	-0.3	-0.76	-0.78	-0.16	0.16	-0.07
EPS (Diluted)	-0.3	-0.76	-0.78	-0.16	0.16	-0.07
EBITDA	-12.49M	-8.21M	-5.08M	-675.78K	1.18M	-46.17K
EBIT	-14.23M	-9.56M	-5.63M	-874.3K	1.35M	-161.23K
Depreciation & Amortization	1.75M	1.35M	553.75K	198.52K	462.87K	115.06K